Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Strong Trading Volume – Here’s What Happened

Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) saw unusually-strong trading volume on Tuesday . Approximately 250,103 shares changed hands during mid-day trading, a decline of 20% from the previous session’s volume of 312,893 shares.The stock last traded at $68.63 and had previously closed at $68.33.

Vanguard International High Dividend Yield ETF Stock Up 0.5 %

The stock’s fifty day moving average is $69.77 and its two-hundred day moving average is $70.52. The firm has a market capitalization of $7.73 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a $0.9647 dividend. This represents a $3.86 dividend on an annualized basis and a dividend yield of 5.62%. This is a boost from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. The ex-dividend date was Friday, December 20th.

Hedge Funds Weigh In On Vanguard International High Dividend Yield ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of VYMI. Abound Wealth Management lifted its position in shares of Vanguard International High Dividend Yield ETF by 2,684.6% in the second quarter. Abound Wealth Management now owns 362 shares of the company’s stock valued at $25,000 after buying an additional 349 shares during the last quarter. Eastern Bank bought a new stake in Vanguard International High Dividend Yield ETF in the 3rd quarter valued at $29,000. Blue Trust Inc. acquired a new stake in Vanguard International High Dividend Yield ETF during the 3rd quarter valued at $44,000. Kimelman & Baird LLC bought a new position in Vanguard International High Dividend Yield ETF during the second quarter worth $48,000. Finally, National Bank of Canada FI increased its holdings in shares of Vanguard International High Dividend Yield ETF by 154.7% in the second quarter. National Bank of Canada FI now owns 917 shares of the company’s stock valued at $63,000 after purchasing an additional 557 shares during the last quarter.

Vanguard International High Dividend Yield ETF Company Profile

The Vanguard International High Dividend Yield ETF (VYMI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market-cap-weighted index of developed and emerging market firms (ex-US) that are expected to pay above average dividends over the next 12 months. VYMI was launched on Feb 25, 2016 and is managed by Vanguard.